Kalpataru Projects International Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, recommended Final Dividend of 9 per equity share.
KPIL · price
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Kalpataru Projects International Limited's Board, at its meeting on May 16, 2025, recommended a final dividend of Rs. 9 per equity share (face value Rs. 2), which works out to 450%, for FY ending March 31, 2025, subject to shareholder approval at the upcoming AGM. The Board also approved the reappointment of Mr. Shailendra Kumar Tripathi as Deputy Managing Director for 3 years starting October 22, 2025. Independent Director Ms. Anjali Seth's tenure ends on May 18, 2025, and Ms. Raksha Kothari has been appointed as a new Independent Director for 5 years from May 19, 2025. Additionally, M/s. Kapoor & Ved was appointed as Secretarial Auditor for 5 years (FY25-26 to FY29-30), and up to USD 29 million funding support was authorized for the Brazilian subsidiary Kalpataru Power DO Brasil.
The Rs. 9 final dividend rewards shareholders pending AGM approval, though the actual yield depends on the prevailing share price. Multiple governance updates including director changes and subsidiary funding indicate ongoing strategic and operational restructuring.